As it is already evident, I've fallen off the wagon with staying current blogging. I've continued to be good offline tracking my day-to-day spending and calculating my networth, but have only signed on to update these monthly stats. Even with the lack of time spent around here, maintaining accountability is important to me. With that said, here is my January networth:
The close of January completed my three months since I started blogging and set my initial goals. I'll will follow up with another post to see how I progressed throughout this time.
Beyond Your Horizon
Tuesday, February 3, 2009
Sunday, January 4, 2009
December Net Worth
Well after a depressing look at my monthly spending, a peek into my December networth offers a ray of hope.
Slow and steady... that is my mantra!
Beyond Your Horizon
Slow and steady... that is my mantra!
Beyond Your Horizon
December Spending
Oh blog, how I've neglected you over this holiday season. Although I have not visited, I have not forgotten the reason I started this - accountability over our finances.
I'll start off admitting that we completely blew it this month. It was a horrible month in terms of spending. At first I was reluctant to post this, because it was so bad. But if I did that, I would be avoiding my mistakes and not owning up to them. And if you don't admit to them, how do you make improvements? So here goes:
Some details on these number:
1. Gifts - Exactly what it was, holiday gifts. There will be a few remenants of additional gift in January's numbers.
2. Since we had a guest at our place this holiday season, we ended up eating out alot while entertaining. I still can't believe we spent that much though!! That was a real big shocker.
3. Career Costs - as stated last month, this was expected. Nothing we could have done to prevent or reduce.. sigh.
4. Clothing - Believe it or not, I did not buy any new clothes the month of December. Well, at least not willingly. This was the cost of a bridesmaids dress for a wedding in May.
It was a pretty bad month all around, but I am making progress with our savings simultaneously. I will post these details shortly.
Beyond Your Horizon
I'll start off admitting that we completely blew it this month. It was a horrible month in terms of spending. At first I was reluctant to post this, because it was so bad. But if I did that, I would be avoiding my mistakes and not owning up to them. And if you don't admit to them, how do you make improvements? So here goes:
Some details on these number:
1. Gifts - Exactly what it was, holiday gifts. There will be a few remenants of additional gift in January's numbers.
2. Since we had a guest at our place this holiday season, we ended up eating out alot while entertaining. I still can't believe we spent that much though!! That was a real big shocker.
3. Career Costs - as stated last month, this was expected. Nothing we could have done to prevent or reduce.. sigh.
4. Clothing - Believe it or not, I did not buy any new clothes the month of December. Well, at least not willingly. This was the cost of a bridesmaids dress for a wedding in May.
It was a pretty bad month all around, but I am making progress with our savings simultaneously. I will post these details shortly.
Beyond Your Horizon
Saturday, December 6, 2008
Alternate Income Streams - Surveys
The next few days I will be posting on different methods to help increase alternate income streams. That is, income received by you that is not from your primary job, whether it be active or passive. By the end, I also hope to develop plans for implementing some of these options.
One popular method, which I have been doing for at least seven years now, is completing surveys for cash. There are various companies out there, each one with a different type of payment system. Some give away prizes, some send cash, and some enter you into a pool with every survey filled out to win. I personally stick to programs that give cash rewards. Since I can only attest to the companies I've completed surveys for, below is a detailed list of companies and feedback on their program.
1. Pinecone Research: I've been a member for at least 7 years.
Length of Surveys - The household surveys they send out are quick, around 5 minutes. There typical surveys for cash last anywhere from 15 to 30 minutes.
Incentive - The current process pays $3.00 for every completed survey. They do send out frequent household information surveys, which are not included in the pay out, but you get entered into a pool to win bigger prizes for every one of the household surveys you fill out. There incentive recently dropped to $3.00 from $5.00.
Frequency - This probably depends on your profile, but I'd say there is at least one survey invite a week.
How to Sign Up - This is the tricky part. They don't allow the option of going to their website to sign up. As far as I know, they offer sign up through advertisements if you happen to catch it websurfing. Or, current members get emails a couple of time a year inviting them to offer this opportunity to friends and family. Yesterday I received one of the friends and family invitation email from Pinecone. If you interested in joining, leave me a message or email me and I will forward you the invite!
2. MySurvey (NFO): I've been a member for at least 7 years.
Length of Surveys - Their surveys range from 5 min to 30 min. There are a few rare opportunities of getting a survey that has you keep track of something over a few day period. With this type of survey the incentive is usually high enough for a payout.
Incentive - They use a point system. 1000 points is equivalent to $10.00.
Frequency - I've realized that these surveys come less and less frequently. This probably depends on your profile information, but I'd say I get a survey at least once a month, but the point values for these surveys can really vary from 10 pts to a couple of hundred. My mother, who is also a member, rarely gets survey invites. Like I said, I assume its based on demographics.
How to Sign Up - You can sign up with them directly on their website.
3. Global Test Market: I've been a member for a year now.
Length of Surveys - Again this really depends, and can range from 5 minutes to 30 minutes.
Incentive - Similar to MyPoints, they work on a point system, but 1000 points = $50.00. If you do not qualify for a survey, they credit your account 5 points for filling out the basic information. If you do qualify, the point range seems to be anywhere from 30 points to 100 points, depending on the length of the survey.
Frequency - Multiple survey invites come a week. I probably only qualify for 25% of the incoming invites. In a one year period, I believe I was able to cash out twice.
How to Sign Up - You can sign up with them directly on their website
3 e-Rewards - In conjunction with Upromise: I've been a member for 3 months. I believe you can sign up with them without being associated with Upromise. In that case, the incentive are different than described below.
Length of Surveys - Again, these seem to range from 5 tgo 30 minutes.
Incentive - They also use a point system, which they call e-Rewards Dollars. For the upromise program, there are different tiers for payout. For example, $25.00 e-Dollars payout $10.00 to your upromise account, where $100.00 e-Dollars pays out $50.00.
Frequency - Since signing up three months ago, I average about two surveys a week. I'm saving for the $100 level reward, and am about 75% there.
How to Sign Up - If you have a upromise account, go to the upromise website, log into your account, and there should be a link directly on their website. Otherwise, I'm not exactly positive which, but various vendors offer this opportunity for incentives as well.
Note that even if you belong to multiple panels, the amount of money coming is pretty minor. And because of the frequency that the surveys come, when you get payouts is not guarenteed. It really is just a little bit extra that seems to help every now and then.
You also have to take into mind how time consuming these survey can be. As noted above, these surveys can range from 5 to 30 miutes. When I was in college, the timing factor affected me alot less. This is probably more because I had very little funds to begin with, and this little bit of extra had a much larger impact. Now that I bring home a decent salary, in the overall scheme of things, this amount seems minor, and many times I find myself thinking my time would be better spent working on other projects. So far, none of the panels drop you if you reduce the amount of survey offers you accept.
Beyond Your Horizon
One popular method, which I have been doing for at least seven years now, is completing surveys for cash. There are various companies out there, each one with a different type of payment system. Some give away prizes, some send cash, and some enter you into a pool with every survey filled out to win. I personally stick to programs that give cash rewards. Since I can only attest to the companies I've completed surveys for, below is a detailed list of companies and feedback on their program.
1. Pinecone Research: I've been a member for at least 7 years.
Length of Surveys - The household surveys they send out are quick, around 5 minutes. There typical surveys for cash last anywhere from 15 to 30 minutes.
Incentive - The current process pays $3.00 for every completed survey. They do send out frequent household information surveys, which are not included in the pay out, but you get entered into a pool to win bigger prizes for every one of the household surveys you fill out. There incentive recently dropped to $3.00 from $5.00.
Frequency - This probably depends on your profile, but I'd say there is at least one survey invite a week.
How to Sign Up - This is the tricky part. They don't allow the option of going to their website to sign up. As far as I know, they offer sign up through advertisements if you happen to catch it websurfing. Or, current members get emails a couple of time a year inviting them to offer this opportunity to friends and family. Yesterday I received one of the friends and family invitation email from Pinecone. If you interested in joining, leave me a message or email me and I will forward you the invite!
2. MySurvey (NFO): I've been a member for at least 7 years.
Length of Surveys - Their surveys range from 5 min to 30 min. There are a few rare opportunities of getting a survey that has you keep track of something over a few day period. With this type of survey the incentive is usually high enough for a payout.
Incentive - They use a point system. 1000 points is equivalent to $10.00.
Frequency - I've realized that these surveys come less and less frequently. This probably depends on your profile information, but I'd say I get a survey at least once a month, but the point values for these surveys can really vary from 10 pts to a couple of hundred. My mother, who is also a member, rarely gets survey invites. Like I said, I assume its based on demographics.
How to Sign Up - You can sign up with them directly on their website.
3. Global Test Market: I've been a member for a year now.
Length of Surveys - Again this really depends, and can range from 5 minutes to 30 minutes.
Incentive - Similar to MyPoints, they work on a point system, but 1000 points = $50.00. If you do not qualify for a survey, they credit your account 5 points for filling out the basic information. If you do qualify, the point range seems to be anywhere from 30 points to 100 points, depending on the length of the survey.
Frequency - Multiple survey invites come a week. I probably only qualify for 25% of the incoming invites. In a one year period, I believe I was able to cash out twice.
How to Sign Up - You can sign up with them directly on their website
3 e-Rewards - In conjunction with Upromise: I've been a member for 3 months. I believe you can sign up with them without being associated with Upromise. In that case, the incentive are different than described below.
Length of Surveys - Again, these seem to range from 5 tgo 30 minutes.
Incentive - They also use a point system, which they call e-Rewards Dollars. For the upromise program, there are different tiers for payout. For example, $25.00 e-Dollars payout $10.00 to your upromise account, where $100.00 e-Dollars pays out $50.00.
Frequency - Since signing up three months ago, I average about two surveys a week. I'm saving for the $100 level reward, and am about 75% there.
How to Sign Up - If you have a upromise account, go to the upromise website, log into your account, and there should be a link directly on their website. Otherwise, I'm not exactly positive which, but various vendors offer this opportunity for incentives as well.
Note that even if you belong to multiple panels, the amount of money coming is pretty minor. And because of the frequency that the surveys come, when you get payouts is not guarenteed. It really is just a little bit extra that seems to help every now and then.
You also have to take into mind how time consuming these survey can be. As noted above, these surveys can range from 5 to 30 miutes. When I was in college, the timing factor affected me alot less. This is probably more because I had very little funds to begin with, and this little bit of extra had a much larger impact. Now that I bring home a decent salary, in the overall scheme of things, this amount seems minor, and many times I find myself thinking my time would be better spent working on other projects. So far, none of the panels drop you if you reduce the amount of survey offers you accept.
Beyond Your Horizon
Advertising Affects - Discovercard
Has anyone seen the recent Discovercard commercial? I don't think this is a new commercial, but last night was my first encounter with it. Or at least the first time I paid attention to it. And let me say it irked me. The fact that I thought about it last night, and I'm blogging about it this morning tells you how much it affected me.
The commercial states:
"We're a nation of consumers. And there is nothing wrong with that. After all, there's alot of cool stuff out there. "
Isn't it this thought process why so many people are drowning in debt? After you've read enough personal finance blogs, it's evident that it was this sentiment that got many into trouble in the first place, and now trying to climb back up the rabbit hole.
It also closes with the claim that the company helps you attain "Less debt and more fun".
Note that it doesn't say NO debt and more fun. Just less debt. What is less debt? Less debt than what? And is that to mean that without debt, you're not having any fun in life?
Just needed to vent.
And the worst thing about it, I own a discovercard. Ha. Guess it doesn't annoy me enough to want to cancel the card.
Beyond Your Horizon
The commercial states:
"We're a nation of consumers. And there is nothing wrong with that. After all, there's alot of cool stuff out there. "
Isn't it this thought process why so many people are drowning in debt? After you've read enough personal finance blogs, it's evident that it was this sentiment that got many into trouble in the first place, and now trying to climb back up the rabbit hole.
It also closes with the claim that the company helps you attain "Less debt and more fun".
Note that it doesn't say NO debt and more fun. Just less debt. What is less debt? Less debt than what? And is that to mean that without debt, you're not having any fun in life?
Just needed to vent.
And the worst thing about it, I own a discovercard. Ha. Guess it doesn't annoy me enough to want to cancel the card.
Beyond Your Horizon
Friday, December 5, 2008
Freebies and Samples
Just wanted to share a couple of freebies I've found around the web tonight!
1. As recent post on Wisebread provided details on getting a one year, free subscription to SELF magazine!
2. Free sample for Gain laundry detergent. I have to admit I've never tried this brand, so a free sample is always a good way to test the product.
3. Actually, the Gain free sample came from Walmart's free sample page. There are other free sample offers, such as various female products. Check back there every now and then for updated products. Alot of the time these samples are accompanied by decent coupons!
Feel free to share any other goodies you come across!
Beyond Your Horizon
1. As recent post on Wisebread provided details on getting a one year, free subscription to SELF magazine!
2. Free sample for Gain laundry detergent. I have to admit I've never tried this brand, so a free sample is always a good way to test the product.
3. Actually, the Gain free sample came from Walmart's free sample page. There are other free sample offers, such as various female products. Check back there every now and then for updated products. Alot of the time these samples are accompanied by decent coupons!
Feel free to share any other goodies you come across!
Beyond Your Horizon
Thursday, December 4, 2008
November Net Worth
Right on the heals of my November spending, below is my updated networth status.
Although it's not huge progress, at least each sector is going in the right direction. Right now, my mantra seems to be slow and steady. I'll continue to work at this, and keep you updated!
Oh, and I'm still having issues with the header and my graphic .. so if anyone has any advise on how to fix it, I'm open ears.
Beyond Your Horizon
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